Carats & Cake Connects Couples With Wedding-Related Businesses
Niko Pajkovic — February 3, 2022 — Lifestyle
References: caratsandcake & businesswire
Carats & Cake is an integrated marketing and point-of-sale financing solution for businesses working within the wedding space.
For users, the platform is all about inspiration, guidance, and planning, as it functions as a kind of marketplace where couples check out vendor reviews, run through real wedding examples, look into photographers, book catering services, and more. In a sense, Carats & Cake functions as an all-in-one marketplace designed to connect couples with wedding-related businesses while offering them a social media-like hub that can be used completely free of charge.
Recently, the company was able to secure $19.3 million in financing led by Acrew Capital and Founders Fund, which will go towards expanding the business beyond weddings as it aims to further develop its unique hospitality-oriented fintech solutions.
Image Credit: Carats & Cake
For users, the platform is all about inspiration, guidance, and planning, as it functions as a kind of marketplace where couples check out vendor reviews, run through real wedding examples, look into photographers, book catering services, and more. In a sense, Carats & Cake functions as an all-in-one marketplace designed to connect couples with wedding-related businesses while offering them a social media-like hub that can be used completely free of charge.
Recently, the company was able to secure $19.3 million in financing led by Acrew Capital and Founders Fund, which will go towards expanding the business beyond weddings as it aims to further develop its unique hospitality-oriented fintech solutions.
Image Credit: Carats & Cake
Trend Themes
1. Integrated Wedding Marketplace - Develop an all-in-one platform for wedding-related businesses that offers financial solutions
2. Social Media for Weddings - Create a social media-like hub for weddings that provides inspiration, planning, and vendor reviews
3. Hospitality-oriented Fintech Solutions - Integrate fintech solutions that cater to hospitality businesses, such as point-of-sale financing
Industry Implications
1. Wedding Planning - Disrupt the wedding planning industry by introducing a modern, all-in-one service that includes financial solutions
2. Event Management - Expand the platform to serve other hospitality-oriented businesses beyond weddings, becoming an all-in-one event management solution
3. Social Media - Enter the niche market of wedding-themed social media platforms by providing inspiration, planning, and vendor reviews
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